After around a year of "You Lie & I'll Swear To It" BS from the Doug & Peter show, it appears that the truth has finally come out.
Just as there are not going to be any 750 "Verdes" or "Blades" manufactured by RVGD, (much like the 1,000 Revenge GTO's and / or the who knows what number of GTM-R's), there aren't any "magic motors", either, just a dark facility with some part time help making race girdles.
There was no deal with the enormous E85 processor. (much like no deal with a big car dealership chain, maybe Penske)
There were no "orders" (much like the no $80m "contracts") for 300,000 "magic motors".
There was no actual manufacturing facility (much like the never happened groundbreaking for the expansion in Decatur) pumping out the "magic motors".
There was pretty much nothing but BS, as time has now proven....
In reflection, Doug just about paralleled the Revenge business model of pumping out "information" with no verifiable substance, perhaps simply to buy time in hopes of coming into contact with some even greater fools, hopefully with deep and deeper pockets.
Something to think about might be to see if Doug & / or his Company were the source of the $450K "investment that maybe wasn't" in one financial instrument configuration or another.
By the way, this sad ending was prophesied pretty concisely just after the big news came out after the "GTM-R is dead, long live the magic motor supercar" announcement by many insightful board contributors, most of whom were criticized for negativity and their lack of belief in the ridiculous voodoo physics supposedly involved.
This turkey has been done and ready for a fork for a long time……
